The government is to set up a regulator for the coal mining industry through an executive order-or an edict-as the pertinent legislation is unlikely to be passed in parliament's last session that has been stalled by logjam over Telengana and other issues. This would, however, be a non-statutory regulator and lack the legislative teeth envisaged in the Coal Regulatory Authority Bill 2012.

Recently, the Cabinet Committee on Economic Affairs (CCEA) cleared the coal regulatory authority Bill, paving the way for tabling the draft legislation before Parliament for approval in the coming monsoon session. Following are some of the broad contours of the bill - According to the bill, the coal regulator will determine the principles for price fixation, both for Coal India (CIL) and for captive mines. The regulator will deal with

Recently, the Cabinet Committee on Economic Affairs (CCEA) cleared the coal regulatory authority Bill, paving the way for tabling the draft legislation before Parliament for approval in the coming monsoon session. Following are some of the broad contours of the bill - According to the bill, the coal regulator will determine the principles for price fixation, both for Coal India (CIL) and for captive mines. The regulator will deal with

The Cabinet Committee on Economic Affairs (CCEA) approved the Coal Regulatory Authority Bill, 2013, which envisages setting up of an independent regulator for the sector. Following the approval, the draft legislation would be tabled before Parliament for approval in the coming monsoon session. On May 29, a Group of Ministers cleared a draft Bill to set up an independent coal regulator after rounds of mee

The Cabinet Committee on Economic Affairs (CCEA) approved the Coal Regulatory Authority Bill, 2013, which envisages setting up of an independent regulator for the sector. Following the approval, the draft legislation would be tabled before Parliament for approval in the coming monsoon session. On May 29, a Group of Ministers cleared a draft Bill to set up an independent coal regulator after rounds of mee

According to unconfirmed reports, the Inter-Ministerial Group (IMG) has proposed to issue show cause notices to some captive coal block holders owing to laxity in development of these mines. The IMG is learnt to have made this recommendation after holding its 19th meeting, during which it reviewed the development or progress of two lignite blocks and 56 coal